With gas prices heading higher each year, many people are looking for resourceful ways to save on fuel, such as taking the bus, the train, riding a bike or car-pooling to work. Yet even with these money-saving tactics, drivers are still paying for full auto insurance coverage on their vehicles.
As we all know, there are some corners that just can’t be cut. Or so we think! Many auto insurance companies are starting to consider a new insurance program that would offer consumers a discounted rate for reduced car usage. In fact, some insurance providers are already offering trial programs.
One big supporter of this new program is the Environmental Defense, anorganization currently promoting a Pay-As-You-Drive Insurance (PAYD) program to auto insurance companies throughout the United States...Read More